Market Overview
Home Prices in Montello, WI
The median home value in Montello, WI is $270,206 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montello are priced34% below average.
Over the past five years, Montello home values have risen by approximately49.3%, reflecting strong long-term appreciation in this market.
Price History
Montello Home Price Trend
2020
$152,106
$152K
—
2021
$181,037
$181K
+19.0%
2022
$215,087
$215K
+18.8%
2023
$225,259
$225K
+4.7%
2024
$241,618
$242K
+7.3%
2025
$256,199
$256K
+6.0%
2026
$270,206
$270K
+5.5%
City Comparison
Montello vs. National Median
🏠 Montello
$270,206
National Median
$410,000
At $270,206, homes in Montello cost 34% below the national median of $410,000. This makes Montello a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montello?
20% Down Payment
$54,041
on $270,206
Monthly P&I
$1,409/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,789/mo
incl. taxes & insurance
Income Needed
$71,560
gross annual (30% rule)
10% Down Option
$27,021
+ PMI applies
Loan Amount (20% dn)
$216,165
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montello, WI?
The median home value in Montello is $270,206 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Montello?
Over the past year, home values in Montello have increased by 5.5%. Over five years, prices have risen approximately 49.3%.
How much do I need to earn to buy a home in Montello?
To comfortably afford the median home price of $270,206 with a 20% down payment ($54,041) at today's rates (6.8%), you'd need a gross annual income of approximately $71,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Montello compare to the national average home price?
The national median home value is approximately $410,000. At $270,206, homes in Montello are 34% below the national average.